Employees
Click to view Signet's HR policies.
Employees are key to Signet’s ability to achieve its objectives and mission. Therefore teamwork, integrity, communication, and fair treatment of employees all play an important part in the way the Company operates. Furthermore, Signet’s ability to operate in accordance with its Principles is dependent on its employees’ understanding of them and the way in which the Principles impact on their respective roles and responsibilities.
Signet considers its relationship with its employees to be excellent and values honest, open and constructive two-way communication throughout the organisation. This is achieved through store, area and regional management meetings in addition to staff opinion surveys, feedback reports and staff meetings. These procedures facilitate consultation during which the views of employees can be expressed and taken into account in decisions likely to affect their interests. Staff are kept informed of Signet’s performance and objectives through management contact supplemented by staff publications in both the US and UK. The involvement of employees in Signet’s results is encouraged through participation in performance-related incentive payment schemes and savings-related share option schemes, which include all employees, subject to minimum employment requirements. Signet does not restrict or discriminate against employees who wish to be covered by collective bargaining agreements.
Signet’s policy is not to tolerate any form of unlawful discrimination on any grounds or at any level. In respect of people with disabilities, full and fair consideration is given to employment, opportunities for training, career development and promotion according to their skills and capacity. The services of any existing employees who become disabled are, where possible, retained and appropriate training is arranged for them wherever possible. There are well established dispute resolution procedures in both divisions. Signet assigns responsibility for human resource matters, including health and safety, to divisional executive management committees. Both the US and UK operations have established systems which include the provision of training and development opportunities at all levels of the organisation.
Performance indicators relating to employee relations have been agreed and baseline data was collected in fiscal 2008 and 2009.
Awards
The NorthCoast99 Award
The NorthCoast99 is an annual recognition program that honors 99 great workplaces for top talent in Northeast Ohio.
Signet's US division, Sterling Jewelers, Inc., has again been awarded the NorthCoast99 award in 2010. It was also awarded The Legacy Award, which is given to organizations that have received the NorthCoast99 Award for 10 years.
The Sunday Times 100 Best Companies To Work For
Signet's UK division was honored with inclusion to this prestigious annual award, being ranked 7th in the Big Company category. The judges commented, "...an organisation with excellent management, strong team spirit and a concern for staff well being.".